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Published 02 Aug, 2022 07:14am

SSGC posts quarterly loss

KARACHI: Sui Southern Gas Company Ltd posted a consolidated loss of Rs665.1 million in the July-September quarter of 2020 versus a net loss of Rs4.59 billion in the preceding quarter a year ago.

In a regulatory notice on Monday the gas company said its net sales clocked in at Rs76.79bn, up nine per cent year-on-year.

The company didn’t declare any dividend.

Colgate profit rises to Rs5.87bn

Colgate-Palmolive Pakistan Ltd posted a net profit of Rs5.87bn for the year ending on June 30, up 3.4pc from a year ago, a stock filing said on Monday.

The company declared a final cash dividend of Rs28 per share, which is in addition to the interim dividend of Rs24.50 apiece.

Separately, the company also announced the issuance of bonus shares in the proportion of three shares for every 20 shares held.

Published in Dawn, August 2nd, 2022

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